Fiserv partners with Tabit to launch Clover Reserve, enhancing restaurant operations with advanced POS capabilities for fine dining.
Quiver AI Summary
Fiserv, Inc. has announced a partnership with Tabit to launch Clover Reserve powered by Tabit, a new solution designed for full-service and fine-dining restaurants. This integration enhances Clover, Fiserv’s all-in-one commerce platform, by incorporating Tabit’s mobile-first, AI-driven technology to meet the complex operational needs of the hospitality sector. Clover Reserve offers advanced features such as multi-course pacing and sophisticated floor management to create a seamless dining experience, allowing staff to efficiently manage checks and service. Fiserv emphasizes its commitment to providing cutting-edge solutions that improve operational efficiency and financial performance for restaurants. The new technology will be showcased at the National Restaurant Association Show in Chicago from May 16–19.
Potential Positives
- Fiserv announced an exclusive partnership with Tabit, enhancing its Clover platform by integrating advanced technologies that cater specifically to fine-dining restaurants, thereby expanding its market reach.
- Clover Reserve powered by Tabit offers sophisticated features like multi-course pacing and complex menu management, setting a new standard for operational efficiency in the hospitality sector.
- The collaboration signals Fiserv's commitment to innovation in hospitality technology, potentially leading to improved customer experiences and increased profitability for restaurant clients.
- The launch of Clover Reserve will be showcased at the National Restaurant Association Show, providing a significant platform for visibility and marketing to key industry players.
Potential Negatives
- Partnership with Tabit may indicate Fiserv's inability to fully develop or innovate its own solutions independently, raising concerns about the company's internal capabilities in a competitive market.
- The focus on fine-dining and full-service restaurants might limit Clover's appeal to a broader customer base, which could restrict growth opportunities in the small business sector.
- Emphasizing advanced operational capabilities could alienate smaller merchants who may find such complexity unnecessary for their needs, potentially leading to a loss of interest from a significant segment of Clover's customer base.
FAQ
What is Clover Reserve powered by Tabit?
Clover Reserve powered by Tabit is a new restaurant POS solution designed for fine-dining and full-service restaurants.
How does Clover Reserve enhance restaurant operations?
The solution offers advanced features for pacing, floor management, and seamless tableside service to improve operational efficiency.
What technology does Clover Reserve utilize?
Clover Reserve integrates Tabit’s AI-driven technology within the Clover ecosystem for payments and real-time reporting.
Where can I see Clover Reserve in action?
Clover will showcase Clover Reserve at the National Restaurant Association Show in Chicago from May 16–19.
What companies are involved in this partnership?
The partnership involves Fiserv, a leader in financial technology, and Tabit, an AI-driven hospitality tech provider.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FISV Insider Trading Activity
$FISV insiders have traded $FISV stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FISV stock by insiders over the last 6 months:
- PAUL M TODD (Chief Financial Officer) purchased 17,000 shares for an estimated $1,060,970
- ADAM L. ROSMAN (Chief Admin. and Legal Officer) purchased 7,900 shares for an estimated $499,201
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$FISV Congressional Stock Trading
Members of Congress have traded $FISV stock 8 times in the past 6 months. Of those trades, 4 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $FISV stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 6 times. They made 4 purchases worth up to $60,000 on 03/13, 12/19, 11/18, 11/12 and 2 sales worth up to $30,000 on 04/14, 02/10.
- SENATOR JOHN BOOZMAN has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 01/29, 11/21.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$FISV Hedge Fund Activity
We have seen 594 institutional investors add shares of $FISV stock to their portfolio, and 1,170 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS removed 20,936,453 shares (-81.2%) from their portfolio in Q4 2025, for an estimated $1,406,301,548
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 11,917,063 shares (-70.4%) from their portfolio in Q4 2025, for an estimated $800,469,121
- BANK OF AMERICA CORP /DE/ added 11,707,487 shares (+711.7%) to their portfolio in Q4 2025, for an estimated $786,391,901
- DODGE & COX added 10,840,613 shares (+28.1%) to their portfolio in Q4 2025, for an estimated $728,163,975
- HARRIS ASSOCIATES L P added 8,790,629 shares (+130.0%) to their portfolio in Q4 2025, for an estimated $590,466,549
- AMUNDI added 8,227,144 shares (+202.3%) to their portfolio in Q4 2025, for an estimated $552,617,262
- FEDERATED HERMES, INC. added 4,372,450 shares (+51127.8%) to their portfolio in Q4 2025, for an estimated $293,697,466
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$FISV Price Targets
Multiple analysts have issued price targets for $FISV recently. We have seen 14 analysts offer price targets for $FISV in the last 6 months, with a median target of $67.0.
Here are some recent targets:
- Ramsey El-Assal from Cantor Fitzgerald set a target price of $62.0 on 05/11/2026
- Daniel R. Perlin from RBC Capital set a target price of $75.0 on 05/06/2026
- Timothy Chiodo from UBS set a target price of $65.0 on 05/06/2026
- Dan Dolev from Mizuho set a target price of $90.0 on 05/06/2026
- James Friedman from Susquehanna set a target price of $91.0 on 05/04/2026
- Matthew Coad from Truist Securities set a target price of $64.0 on 04/24/2026
- Andrew Bauch from BMO Capital set a target price of $65.0 on 04/22/2026
Full Release
MILWAUKEE, May 12, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading provider of payments and financial technology solutions, today announced an exclusive Clover partnership with Tabit, a mobile-first, AI-driven restaurant POS and hospitality technology provider, to launch Clover Reserve powered by Tabit . Clover is Fiserv’s all-in-one commerce platform for merchants and small businesses.
The new solution brings Tabit’s proven enterprise-grade capabilities to full-service and fine-dining restaurants and hospitality groups, expanding Clover’s reach into the most operationally complex segments of the restaurant and hospitality sector.
Clover Reserve powered by Tabit delivers advanced capabilities designed to manage the intricate requirements for fine-dining restaurants, including multi-course pacing, sophisticated floor management, and white-glove table service. The solution enables a true tableside experience, allowing staff to open, modify, split, tip, and close checks without disrupting service, while supporting advanced coursing, pacing logic, and complex menu structures.
“Our partnership with Tabit underscores Fiserv’s commitment to delivering best-in-class, vertical solutions that help merchants stay ahead as operations become more complex,” said Takis Georgakopoulos, Co-President, Merchant Solutions and Technology at Fiserv. “With Clover Reserve, we’re extending the Clover portfolio to meet the evolving demands of fine dining by enabling flexible, precise, and seamlessly orchestrated service.”
By integrating Tabit’s mobile-first technology and next-generation AI platform into the Clover ecosystem, Fiserv brings payments, operations, and real-time reporting together on one platform. This unified approach enables hospitality groups to synchronize dining rooms and kitchens, reduce errors, and improve overall performance, ultimately enhancing the diner experience and boosting restaurant profits.
“Fiserv’s unmatched scale, distribution capabilities, and leadership in commerce and payments create an extraordinary foundation for innovation in hospitality,” said Nadav Solomon, President and Co-Founder of Tabit. “By combining Fiserv’s powerful ecosystem with Tabit’s AI-first hospitality orchestration platform, we’re bringing the industry a new generation of restaurant technology - one that goes far beyond traditional POS. Together, we’re enabling restaurants a unified intelligence layer that helps operators adapt in real time, increase revenues, improve efficiency, and drive measurable financial outcomes across their business.”
Clover will be showcasing the Clover Reserve powered by Tabit experience at the National Restaurant Association (NRA) Show in Chicago from May 16–19 at Booth 5834.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, moves more than money. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and Clover ® , the world’s smartest point-of-sale system and business management platform. Fiserv is a member of the S&P 500 ® Index and one of TIME Magazine’s Most Influential Companies™. Visit fiserv.com and follow on social media for more information and the latest company news.
About Tabit Technologies, Inc.
Tabit Technologies is a global hospitality commerce and AI platform powering some of the most demanding restaurant, hotel, and entertainment operations in the world. Purpose-built for full-service and upper-market hospitality, Tabit delivers a mobile-first, cloud-native ecosystem that combines POS, payments orchestration, kitchen operations, guest engagement, online ordering, loyalty, and AI-driven operational intelligence into a unified platform. Trusted by innovative hospitality brands globally, Tabit supports restaurants and hotels ranging from boutique concepts to large-scale enterprise groups, including luxury hospitality destinations, major airport operators, and multi-location restaurant organizations across North America, Australia, and Israel. For more information about Tabit’s product suite, visit Tabit.cloud .
Media Relations:
Torrie Miers
Director, Communications - Merchant Solutions
Fiserv, Inc.
+1-470-669-518
[email protected]
